Greenberg / Cunningham The AIG Story

1. Auflage 2013
ISBN: 978-1-118-51957-8
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 368 Seiten, E-Book

Selected as one of Motley Fool's "5 GreatBooks You Should Read"
In The AIG Story, the company's long-term CEO Hank Greenberg(1967 to 2005) and GW professor and corporate governance expertLawrence Cunningham chronicle the origins of the company and itsrelentless pioneering of open markets everywhere in the world. Theyregale readers with riveting vignettes of how AIG grew from amodest group of insurance enterprises in 1970 to the largestinsurance company in world history. They help us understand AIG'sdistinctive entrepreneurial culture and how its outstandingemployees worldwide helped pave the road toglobalization.
* Corrects numerous common misconceptions about AIG that arosedue to its role at the center of the financial crisis of 2008.
* A unique account of AIG by one of the iconic business leadersof the twentieth century who developed close relationships withmany of the most important world leaders of the period and helpedto open markets everywhere
* Offers new critical perspective on battles with N. Y. AttorneyGeneral Eliot Spitzer and the 2008 U.S. government seizure of AIGamid the financial crisis
* Shares considerable information not previously madepublic
The AIG Story captures an impressive saga in businesshistory--one of innovation, vision and leadership at a company thatwas nearly--destroyed with a few strokes of governmental pens. TheAIG Story carries important lessons and implications for theU.S., especially its role in international affairs, its approach tobusiness, its legal system and its handling of financialcrises.

Autoren/Hrsg.

Greenberg, Maurice R.

Cunningham, Lawrence A.

Inhaltsverzeichnis

Chairman's Note xi
Preface xiii
Acknowledgments xxi
Part One
Chapter 1 Independence 3
Chapter 2 Innovation 19
Chapter 3 Succession 31
Chapter 4 Vision and Culture 43
Chapter 5 The Internationalist 53
Chapter 6 Raising the Iron Curtain 63
Chapter 7 Opening Trade in Services 79
Chapter 8 Reopening China 95
Chapter 9 The Life Business 111
Chapter 10 The Domestic Front 125
Chapter 11 Investments 139
Chapter 12 Governance 149
Part Two
Interlude 167
Chapter 13 Hostile Change 171
Chapter 14 Restating History 189
Chapter 15 Civil War 203
Chapter 16 Saving the Starr Foundation 213
Chapter 17 Chaos 223
Chapter 18 Nationalization 243
Epilogue 261
Notes 265
About the Companion Web Site 309
About the Authors 311
Index 313

Über Autor(innen)

Maurice R. Greenberg is Chairman and CEO of C.V. Starr& Co., Inc. He joined C.V. Starr & Co., Inc. as VicePresident in 1960 and was given the additional responsibilities ofPresident of American Home Assurance Company in 1962. He waselected Director of C.V. Starr & Co., Inc. in 1965, Chairmanand CEO in 1968 and continues in that role. Mr. Greenberg retiredas Chairman and CEO of American International Group, Inc. (AIG) inMarch 2005, after serving as Chief Executive Officer from 1967.Under his leadership, AIG became the largest insurance company inthe world and generated unprecedented value for AIG shareholders.During the nearly forty years of his leadership, AIG's market valuegrew from $300 million to $l80 billion.
Lawrence A. Cunningham is the Henry St. George Tucker IIIResearch Professor at the George Washington University Law Schooland Director of GW's Center for Law, Economics and Finance (C-LEAF)in New York. Previous books include Contracts in the Real World:Stories of Popular Contracts and Why They Matter (CambridgeUniversity Press 2012). His writings--on a wide range ofbusiness and legal topics--have also appeared in leadingscholarly journals and such periodicals as the New YorkTimes, the Financial Times, and the New York DailyNews.